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Coming to a theater near you: Amazon?
2018-08-16T22:33:30Z - Jordan Crook, Brian Heater, Ingrid Lunden / TechCrunch
The latter of these is very instructive when you consider how a movie theater chain might fit into the Amazon pantheon. If Amazon ran a loss-making chain of cinemas, it would be but a little drop in the bucket for it. Amazon, as we know, also has a budding media business, offering movies, TV and music to Prime users. A theater chain acquisition would further open the distribution channels for Amazon’s own films, and give Amazon a much tighter grip on the costs for that distribution. Is it any wonder that even without Amazon or Landmark responding to Bloomberg’s report, theater chain stocks dropped on word of the news?

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